This holiday season seemed to be in favor of the luxury retail brands. Tapestry and Michael Kors reported better-than-expected earnings last week. Melissa Armo, Owner of The Stock Swoosh and Melissa Gonzalez, CEO & Founder of The Lionesque Group, join The Long and The Short to discuss trends in the luxury market.
Tapestry credits the boost in sales to its Coach brand. Sales rose 2% to $1.23 billion last quarter. In order to get Coach back on track Tapestry cut flash sales and discounts, bringing it back to its luxury roots. Many believe it should do the same thing for its struggle division of Kate Spade. Kate Spade's global same-store sales fell 7% last quarter.
Plus, Michael Kors is making a comeback. Sales rose over 6% last quarter after trimming back promotions and expanding its footwear collection. However, Armo still isn't impressed with the company. She's disappointed the stock dropped so heavily right after earnings and is still concerned about its ability to get people into the store.
Tameka Raymond, Author of 'Here I Stand' and Designer of Cult De Jour, joins ChedHER to discuss how she's supporting veterans through her fashion brand and the different ways that she's giving back to the community.
Jenn Graham, Founder and CEO of Inclusivv, joins ChedHER to discuss how to navigate challenging topics in the workplace and have conversations on race, mental health, and allyship, and why leaders should keep empathy at the top of mind.
Alina Villasante, Founder and Designer of Peace Love World, joins ChedHER to discuss how she launched her lifestyle brand after a 17-year career in the aviation industry, what it's like growing her business alongside her daughter, and trends to keep an eye out for this holiday season.
A jam-packed Freitag pod with Carlo and Baker: new Covid hotspots, Kyle Rittenhouse trial, Belarus making trouble for Europe, red-hot housing market, and how to manage a PR crisis the right way.
On this episode of Cheddar Innovates: Yat Labs Co-Founder breaks down how a 'Yat' is changing the way people think about their online identities; Scythe Robotics CEO explains how it's bringing innovation to the landscaping industry with its autonomous, all-electric mowers; Founder of California Cowboy discusses how its creating clothing designed for creating in-person connections with others with features like a beverage pocket, bottle opener, and conversation cards; Cheddar gets a look at Curiosity Stream's 'Beyond the Spotlight' biography series.
Drew Clark, CEO and Founder of California Cowboy, joins 'Cheddar Innovates' to discuss how it is creating clothing designed for creating in-person connections with others with features like a beverage pocket, bottle opener, and conversation cards.
Cheddar gets a look at Curiosity Stream's 'Beyond the Spotlight,' a biography series about the intriguing people who capture our attention, fill our social feeds, and shape pop culture.
Naveen Jain, Co-Founder of Yat Labs, joins 'Cheddar Innovates' to discuss how a 'Yat' is changing the way people think about their online identities, and why artists like Questlove and G-Eazy are backing this idea.
